National Jeweler Network



Tiffany sees third quarter comps fall

Despite sales growth in Canada and Latin America, weak tourist spending in the United States resulted in a poor third quarter in the Americas for Tiffany & Co.


Movado’s Q3 sales slip 2 percent

Though sales and income fell slightly, Movado Group said its brands “outperformed” other watches in what its CEO described as an “extremely challenging retail environment.”


Richemont creates post for celebrity placements

The company’s new “director of entertainment,” Mike Tschida, will advise Richemont’s brands on how to get their products on TV, in the movies and on the red carpet.


Kay Jewelers joins a ‘Force’ for good

The retailer is slated to hold an event next month in New York showcasing fashion designers’ creations for the Star Wars-inspired “Force 4 Fashion” initiative.


Chains see small increases in Q3 comps

Walmart and Target both reported a 2 percent rise while T.J. Maxx’s parent company saw same-store gain of 3 percent, with the chains attributing marked traffic growth and positive customer experiences for the performances.


Inventory from 3 Romano’s stores up for auction

Tiger Capital Group is selling diamond engagement rings, wedding bands and watches that once lined the showcases of three now out-of-business Romano’s Jewelers stores.


Retail roundup: Emphasis remains on off-price

Third quarter sales disappointed for Macy’s and Nordstrom, both of which continue to emphasize their outlet channel over full-price stores.


Costco denied appeal in Tiffany trademark case

A federal appeals court shot down Costco’s request for a mid-case appeal of the September ruling that it infringed on the Tiffany & Co. trademark by selling rings labeled as Tiffany that were not, in fact, made by Tiffany.


Roberto Coin enters Panama

The Italian brand has signed an agreement with Latin Jewelers Corp. to distribute its jewelry in the Latin American market and operate a new boutique in Panama City.